“Common sense is very uncommon.” – Horace Greeley
Category: Chart Of The Day
(Just Charts)
DO CHINA AND INDIA HOLD THE KEY TO THE GOLD TRADE?
Last year I touched on the three reasons why demand for gold was surging. Among the powerful driving forces is the very real fundamental role that growth in China is playing.
YIELDS CONTINUE TO MOVE HIGHER IN EUROPE
When I said the chart of the Spanish 10 year yield was the most important chart in the world I was wrong. It turns out that the problems in Europe [ … ]
THE DOLLAR DEBASEMENT MYTH & THE FED’S BALANCE SHEET
Mike Norman just posted a very good fact based story on the relationship between the Fed’s balance sheet and the US Dollar. As I have often noted, the Fed does [ … ]
NOW THE EURO CRISIS IS GETTING INTERESTING…
A few weeks ago I wrote a story asking if the chart of the Spanish 10 year government bond was the most important chart in the world today. I said: [ … ]
WAS THAT OUR GREAT JOB RECOVERY?
Is that all we had in us for this cycle? Is there any chance the period of job expansion is over before it even began? That might be the takeaway [ … ]
WHAT A WEEK!
When I said that investors were excessively negative last week I never could have imagined that this would occur. The S&P 500 shrugged off more debt ceiling fears, a potential [ … ]
S&P: HOUSING PRICES ROSE IN APRIL
House prices rose 0.7% in April according to the S&P Case/Shiller index. Obviously, residential real estate plays a key role in the balance sheet of American households so this can [ … ]
JAPAN: “TOO RICH TO BE BANKRUPT”
Here’s some counterintuitive thinking for you. Societe Generale not only believes that Japan is on course for a v-shaped recovery, but they also say Japan is “too rich to be bankrupt”: